ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 14.04 as on 18-04-2024
Fund Performance
About the ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 31 December, 2019. The fund is managed by Vikrant Mehta. This fund gives you the benefit of diversification.
Key Parameters
- ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹340 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.62% |
 Benchmark | null |
 | ₹340 Cr |
 | 31 December, 2019 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 742.67% |
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
61.2%
Small cap
5%
Mid cap
4%
Sector Allocation
Financial Services
30.4%
Consumer Cyclical
13.2%
Energy
11.2%
Health
10.1%
Tech
9.4%
Industrial
8.9%
Utilities
5.1%
Communication
4.6%
Basic Materials
3.6%
Consumer Defensive
3%
Real Estate
0.7%
Top Holdings of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings36
Debt Holdings7
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 5.8% | 0% | |
 HDFC Bank Ltd | 5.06% | 0% | |
 Infosys Ltd | 4.03% | 0% | |
 Zomato Ltd | 3.59% | 0% | |
 NTPC Ltd | 3.19% | 0% |
See all
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 339.7 Cr as of Mar'24
- AUM increased by 3.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Vikrant Mehta
Fund Manager of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 10 February 2022
Top funds managed
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 8.2% since inception which is less than its category average return of 11.52%
Fund Allocations
This fund has an allocation of 47.16% in Equity, 13.53% in Debt and 39.31% in Cash related instruments
AUM size ₹340 Cr
This fund has AUM of ₹340 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹14.04 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.38% | 1.38% |
6 Month Returns | 11.51% | 11.51% |
1 Year Returns | 23.44% | 23.44% |
3 Years Returns | 44.63% | 13.09% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.62% as on March 2024
₹340 Cr as on March 2024
Reliance Industries Ltd(5.8%), HDFC Bank Ltd(5.06%), 6.89% Govt Stock 2025(4.41%), Infosys Ltd(4.03%), Axis Bank Ltd.(3.79%) as on March 2024
Cash Equivalent(39.31%), Financial Services(14.32%), Government(11.63%) as on March 2024
AAA | 100 |
Vikrant Mehta is the fund manager of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of ITI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%